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The doctrine of equity refers to a set of legal principles that aim to achieve fairness and justice in the application of law, particularly in cases where strict adherence to legal rules would result in an unjust outcome. Originating in the English legal system, equity provides remedies such as injunctions, specific performance, and equitable estoppel, which are not available under common law. It emphasizes moral principles and the intentions of parties, allowing courts to consider the unique circumstances of each case. Ultimately, the doctrine of equity seeks to ensure that justice is served, even when traditional legal rules may fall short.
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What is the singular possessive of equity?
The possessive form of the singular noun equity is equity's.
What is net new equity?
net new equity is given by the formula; new equity-old equity- addition to retained earnings
What is the equity multiplier if a company has a debt equity ratio of 1.40 return assets is 8.7 persent and total equty is 520000?
The equity multiplier = debt to equity +1. Therefore, if the debt to equity ratio is 1.40, the equity multiplier is 2.40.
How to calculate the average shareholders' equity?
To calculate the average shareholders' equity, add the beginning shareholders' equity to the ending shareholders' equity and divide by 2. This gives you the average shareholders' equity for the period.
What is equity line of credit?
An equity line of credit is issued based on the amount of equity you have in your home. If you have a $100,000 house and owe $75,000 then you would have $25,000 in equity.
What is doctrine of equity in received law?
what is doctrine of equity
How does equity view the doctrine of Jus accrescendi?
Equity may uphold or override the doctrine of Jus accrescendi depending on the specific circumstances of a case. Equity seeks to ensure fairness and prevent unjust enrichment, so it may choose to apply or modify the doctrine to achieve a just outcome.
What is the doctrine of equity in received law?
The doctrine of equity in the received law refers to the principles of fairness and justice that supplement strict legal rules. It allows courts to consider individual circumstances and provide remedies that are not available through common law. This doctrine aims to prevent injustice and ensure a fair resolution of disputes.
Doctrine of equity by virtue evolution describe as a child circumstance.how valid is the above statement?
The statement suggests that the doctrine of equity has evolved over time to adapt and respond to changing circumstances, much like a child grows and matures in different environments. This comparison is valid as equity principles have indeed developed to address new social, economic, and legal challenges as they arise, aiming to achieve fairness and justice in an ever-changing society.
What does the doctrine of equity provide in legal proceedings?
The doctrine of equity provides a set of principles that aim to achieve fairness and justice in legal proceedings. It allows judges to consider individual circumstances and apply discretion to ensure a just outcome, especially when strict application of the law may lead to unfair results.
Difference between equity and owner's equity?
EQUITY:- Equity is the term in which liability is introducedOwner Equity :- Owner Equity is the term in which liabilty and owner capital is introduce...it is some time called Equities....
Doctrine of restitution with special reference to minors?
The doctrine of restitution aims to restore a party to its original position before a transaction, particularly when benefits have been conferred unjustly. In the context of minors, this doctrine is significant because contracts entered into by minors are typically voidable, allowing them to seek restitution for benefits received. Courts generally protect minors by ensuring that they can reclaim any benefits conferred, while also preventing others from unjustly enriching themselves at the expense of the minor. Thus, the doctrine upholds the principle of fairness and equity in transactions involving minors.
What is net equity?
net new equity is given by the formula; new equity-old equity- addition to retained earnings
What is the singular possessive of equity?
The possessive form of the singular noun equity is equity's.
What is net new equity?
net new equity is given by the formula; new equity-old equity- addition to retained earnings
What is the equity multiplier if a company has a debt equity ratio of 1.40 return assets is 8.7 persent and total equty is 520000?
The equity multiplier = debt to equity +1. Therefore, if the debt to equity ratio is 1.40, the equity multiplier is 2.40.
What is Net new equity raised?
net new equity is given by the formula; new equity-old equity- addition to retained earnings
